Tuesday, February 2, 2016

Tarapore the Veteran Central Bankeris No more.

Dr S S Tarapore the  veteran Central Banker and an authority on Monetary policy is no more.. He has dedicated his life to the cause of Central Banking , its role in achieving economic growth with price stability through the adjustment of the monetary policy in the background of not so strong fiscal policies and weak governance Standards in administration. He has fought for the Central Bank's autonomy and a strong banking system devoid of Government's dominance.through his writings with conviction and authority He has also written extensively on the need to improve the Customer Service in banks and also to ease the Know your Customer pursued in banks. .An economist having the feelings for the common man, argued and worked  for them through out his career unlike many of the policy makers who have only lip sympathy for the masses. His death has caused a vacuum and is an irreparable loss for banking fraternity and the common man as well..May His Soul Rest in peace.

Dr T V Gopalakrishnan

( This comment appeared in Business Standard in response to the Column Obit A diminutive Colossus)

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